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People's United Financial Inc. Message Board

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  • dabbler101 dabbler101 Jul 19, 2012 7:47 PM Flag

    ******Board of Directors: message

    Very respectable results. ROA is over 1% and they are now earning more than they pay out in dividends (85%) so the naysayers that babbled about the need to cut the dividend were wrong. Stock has a book value of $15 a share and it pays a dividend in excess of 5% based on the current stock price. I am okay with a slow growth predictible stock that appears to be executing its business plan as opposed to the mega banks which have been looking for quick ways to pump earnings resulting in very ugly headlines as their missteps come to light!

15.00-0.06(-0.40%)May 5 4:00 PMEDT